Inter Parfums - IPAR Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inter Parfums in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IPAR shares.
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3 brokers have issued 12 month target prices for Inter Parfums' shares. Their IPAR share price forecasts range from $99.00 to $108.00. On average, they anticipate the company's stock price to reach $103.67 in the next year. This suggests a possible upside of 6.3% from the stock's current price.
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Inter Parfums' stock was trading at $106.90 at the beginning of the year. Since then, IPAR shares have decreased by 8.8% and is now trading at $97.51.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our IPAR earnings forecast.

Inter Parfums, Inc. (NASDAQ:IPAR) posted its quarterly earnings results on Monday, November, 8th. The company reported $1.20 EPS for the quarter, beating the consensus estimate of $0.68 by $0.52. The firm had revenue of $262.70 million for the quarter, compared to analysts' expectations of $196.20 million. Inter Parfums had a net margin of 10.45% and a trailing twelve-month return on equity of 13.98%. The firm's quarterly revenue was up 63.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.52 earnings per share.

Inter Parfums announced a quarterly dividend on Wednesday, November 9th. Stockholders of record on Thursday, December 15th will be given a dividend of $0.50 per share on Friday, December 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Wednesday, December 14th.
Read our dividend analysis for IPAR.

Inter Parfums (NASDAQ:IPAR) pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 62.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IPAR will have a dividend payout ratio of 53.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IPAR.

Inter Parfums issued an update on its FY 2022 earnings guidance on Friday, December, 9th. The company provided EPS guidance of $3.40-$3.40 for the period, compared to the consensus estimate of $3.26. The company issued revenue guidance of $1.02 billion-$1.02 billion, compared to the consensus revenue estimate of $1.01 billion.

7 employees have rated Inter Parfums Chief Executive Officer Jean Madar on Glassdoor.com. Jean Madar has an approval rating of 100% among the company's employees. This puts Jean Madar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Inter Parfums investors own include AT&T (T), Pfizer (PFE), Energy Transfer (ET), NVIDIA (NVDA), General Motors (GM), Southwest Airlines (LUV), Monster Beverage (MNST), Agilent Technologies (A), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

Inter Parfums trades on the NASDAQ under the ticker symbol "IPAR."

Inter Parfums' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.56%), Vanguard Group Inc. (6.51%), Dimensional Fund Advisors LP (2.78%), Royce & Associates LP (2.65%), Copeland Capital Management LLC (2.02%) and State Street Corp (1.86%). Insiders that own company stock include Francois Heilbronn, Jean Madar, Pelayo Frederic Garcia, Philippe Benacin, Philippe Santi, Russell Greenberg and Veronique Gabai-Pinsky.
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Shares of IPAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IPAR stock can currently be purchased for approximately $97.51.

Inter Parfums (NASDAQ:IPAR) has a market capitalization of $3.11 billion and generates $879.52 million in revenue each year. The company earns $87.41 million in net income (profit) each year or $3.22 on an earnings per share basis.

The company employs 467 workers across the globe.

Inter Parfums' mailing address is 551 Fifth Avenue, New York NY, 10176. The official website for the company is www.interparfumsinc.com. The company can be reached via phone at (212) 983-2640, via email at rgreenberg@interparfumsinc.com, or via fax at 212-983-4197.